Mortgage: Figures from the Homeowners Alliance claim that if an investor owns a property with a buy-to-let mortgage on an averagely-priced property – with a standard 75-80% loan-to-value ratio – they will be re-paying around £510 a month.

This means that over a six month period property investors will have to pay £3060 to keep up with the mortgage.

Council tax: In November the Government announced a 100% council tax premium on empty properties. With the annual average council tax for a band D property currently £1591, that means extra costs for landlords of £133 ever month.

Vacant property insurance: The majority of insurers companies state their policies are invalid if a property is vacant. MoneySuperMarket data suggests the average additional cost of insuring your home if it’s unoccupied is £131 per 30-60 days.

Utilities suppliers will also typically charge property owners will a service charge, even if no gas, electricity or water is being used in the property.

Every landlord’s worst nightmare is an empty property. So many buy-to-let landlords only rent out properties to provide a modest pension or because it’s the best way of managing a family property, and the simply cannot afford to losing money month after month.

It sounds incredibly obvious but the easiest way to get your property let and keep it that way is to make it as easy as possible for tenants to move in. And asking them to pay an average deposit close to £1000 doesn’t do that. 85% of renters told us that deposit free renting was what attracted them to their landlord or letting agent and that tells you everything you need to know.

People think a deposit protects them, but it doesn’t. It puts off potential customers, and keeps properties empty – which makes it more likely that they will fall into disrepair or become magnets for antisocial behavior. Zero deposit renting using deposit replacement insurance on the other hand keeps you and your property safe.”

At Dlighted our deposit-free renting uses low-cost deposit replacement insurance to allow landlords and letting agents to rent properties deposit-free while providing them with more than £600,000 of cover against property damage, legal fees and unpaid rent.

Our Trusted Tenant vetting system also taken account of prospective renter’s financial commitments and claims history, in a way standard tenant vetting services don’t.